๐ Bitcoin Market Analysis โ $BTC
A big thank you to everyone who continues to support and follow the updates ๐๐
Bitcoin is still moving exactly as expected from my previous pinned analysis. I mentioned earlier that BTC would likely revisit the $79,000โ$72,000 zone due to the weekly trend break and the drop below the 50-MA.
At the moment, BTC has touched the bottom of the descending channel (as shown in the chart) and bounced from around $82,000. However, in my view, this bounce is not the real reversal area yet.
๐ Iโm watching two major support levels that are far more important for a true recovery:
๐น $80,400
๐น $78,400
Holding these levels will give us a clearer signal for the next bullish phase. Until then, the structure remains in a corrective move.
Stay calm, stay informed, and trade wisely! ๐๐